To measure Socio Economic Impact on Living Standards of Individual Beneficiaries of Credit Societies
- SKU: 9786904475120
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Introduction
1.1 What is Microfinance?
The concept of microfinance is not new. Various savings and credit groups
which had operated in different countries since centuries include the "susus" of
Ghana, "chit funds" in India, "tandas" in Mexico, "arisan" in Indonesia, "cheetu" in
Sri Lanka, "tontines" in West Africa, and "pasanaku" in Bolivia. The concept of
micro financing and self-employment activities in rural areas has developed
considerably and it is working neither on domain / charity nor on subsidy. The
emergence of informal financial institutions during 15th century in Nigeria who were
the first to establish in Europe during the 18th century as a response to the enormous
increase in poverty because of European wars during 1618 to 1648. In 1720 first loan
fund targeting poor people was funded in Ireland by Jonathan Swift.
Binding Type: Paperback
Author: Dipak Shantilal Gaywala
Publisher: Infotech
Published: 12/17/2022
ISBN: 9786904475120
Pages: 480
Weight: 1.40lbs
Size: 9.00h x 6.00w x 0.97d
Introduction
1.1 What is Microfinance?
The concept of microfinance is not new. Various savings and credit groups
which had operated in different countries since centuries include the "susus" of
Ghana, "chit funds" in India, "tandas" in Mexico, "arisan" in Indonesia, "cheetu" in
Sri Lanka, "tontines" in West Africa, and "pasanaku" in Bolivia. The concept of
micro financing and self-employment activities in rural areas has developed
considerably and it is working neither on domain / charity nor on subsidy. The
emergence of informal financial institutions during 15th century in Nigeria who were
the first to establish in Europe during the 18th century as a response to the enormous
increase in poverty because of European wars during 1618 to 1648. In 1720 first loan
fund targeting poor people was funded in Ireland by Jonathan Swift.
Binding Type: Paperback
Author: Dipak Shantilal Gaywala
Publisher: Infotech
Published: 12/17/2022
ISBN: 9786904475120
Pages: 480
Weight: 1.40lbs
Size: 9.00h x 6.00w x 0.97d
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